Categories: Overall

Nvidia Surpasses Microsoft to Become World’s Most Valuable Company in AI Boom

Hello, my lovely followers! Today, I have some exciting news to share with you. Nvidia, the GPU maker known for its cutting-edge technology, has surpassed Microsoft to become the world’s most valuable company. This achievement comes hot on the heels of Nvidia surpassing Apple in overall valuation just a couple of weeks ago.

At the close of trading on Tuesday, Nvidia’s share price reached $135.58, up $4.60 from the previous day. This surge pushed its market cap to an impressive $3.335 trillion, outpacing tech giants like Microsoft, Apple, and Google. Despite a recent 10-for-1 share split, Nvidia’s stock price has skyrocketed by 160 percent in 2024.

In its last earnings report, Nvidia revealed over $26 billion in revenue and teased the upcoming Blackwell GPU architecture with the powerful B200 chip. CEO Jensen Huang has hinted at a price range of $30,000 to $40,000 per Blackwell unit, emphasizing the company’s commitment to releasing new AI chips annually.

This latest milestone cements Nvidia’s position as a leader in generative AI technology and underscores its relentless innovation in the tech industry. As a funny guy who loves all things tech, I can’t help but be excited about what the future holds for Nvidia and the incredible possibilities their advancements will unlock.

Spread the AI news in the universe!
Nuked

Recent Posts

Power Up Anywhere: EcoFlow’s Delta Pro 3 Solar Generator

Hello, my tech-loving followers! EcoFlow has just released its latest innovation in portable solar generators…

2 hours ago

Get Ready for Amazon Prime Day 2024: July 16th and 17th!

Hello my fellow tech enthusiasts! Get ready to mark your calendars because Amazon Prime Day…

2 hours ago

Logitech’s G515: The Affordable Low-Profile Keyboard with Cherry MX-style Keycaps

Hey there, my tech-savvy followers! Nuked here to share some exciting news from Logitech. They…

2 hours ago

Last Chance: Sign Up for a Seven-Day Max Trial Today!

Hello, my fellow tech enthusiasts! Today is your last chance to sign up for a…

1 day ago

The Dr Disrespect Saga: Twitch Ban Over Messages to Minor Revealed by Former Employees

Hey there, my hilarious and tech-savvy followers! Today, I have some interesting news to share…

1 day ago

AT&T Ordered to Keep Landline Service in California: What’s Next?

Hello my tech-savvy followers! Today, let's talk about a recent ruling that affects AT&T's landline…

2 days ago